TABLE 17-2
the Following Payoff Matrix Is Given $\quad$

question 30

Multiple Choice

TABLE 17-2
The following payoff matrix is given in dollars.

$\quad$ $\quad$ $\quad$ $\quad$ $\text {Action }$
$\begin{array} { c c c } \text { Event }& A & B \\\hline1 & 400 & 700 \\2 & 200 & 500\end{array}$

Suppose the probability of Event 1 is 0.5 and Event 2 is 0.5.
-Referring to Table 17-2, what is the optimal action using the EMV criterion?

---

Definitions:

Discriminatory Practices

Actions or policies that treat people unequally or unfairly based on characteristics such as race, gender, age, or sexual orientation.

Black Housing

The residential spaces and communities predominantly occupied by African Americans, often marked by historical and systemic disparities.

Redlining

A discriminatory practice by banks and other financial institutions that refuse or limit loans, mortgages, insurance, etc., within specific geographic areas, often based on race.

Postwar Period

The era immediately following the end of a war, often marked by reconstruction, realignment of political powers, and societal changes.